Business Growth
Business Growth
Strategic Initiative:
Foster economic growth through local business expansions, attracting investment, retention of businesses in the region and targeted industry development efforts
Goals:
- Foster retention, local expansions and new start-ups primarily within the growth sectors
- Attract new investment into the region by becoming a one-stop shop for regional economic and business information
- Identify export ready companies and connect them with appropriate resources (Export Resources)
Desired Outcomes:
- At least 1,000 new jobs over five years influenced directly by the efforts of LQRDA
- Return on funding partners’ investment
- Leverage Municipal Investment from 1:3 to 1:4 by Year Five
- 120 export potential and export ready companies assisted
Strategic Initiative:
Support community based economic development initiatives of regional significance that directly support the other strategic objectives and/or targeted growth sectors
Goals:
- Build community capacity
- Integrated Community Sustainability Plan - regional development
- Collaborate with key stakeholders to develop a common vision and strategic direction for tourism throughout the region
- Advance key economic development related infrastructure projects of regional significance
- Capture all industrial park properties, commercial and industrial vacant properties
- Special projects development
- Foster entrepreneurship
Desired Outcome:
- Achieve a 90% or higher Good to Excellent rating among organizations engaged in community based economic development initiatives supported
